BUILDER LOBBY BITES DUST ,RERA UPHELD

MUMBAI : A powerful builder lobby which tried to deprive house buyers from the protection and safety of RERA bite the dust when Bombay High Court upheld constitutional validity of RERA act .

This act is the legal protection which thousands of home buyers who have been at the mercy of builders were demanding for a long time .

The two member bench of Bombay High Court observed, “Having carefully scrutinized the relevant provisions of RERA ,its objectives , schemes and submissions advanced , we have harmoniously construed sections 6 , 7, 8 and 37 of the act .”

The bench dismissed the petition filed by some estate agents and plot holders challenging 18 provisions of the act .

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